The twin South Sea and Mississippi bubbles of 1720 inaugurated the new age of modern finance. Both of …
Governance
Convergence and Reversion: China’s Banking System at 70
During its 70-year existence, China’s modern banking system has typically been ill used by its government. Nevertheless, after …
Apocalypse Averted: The COVID-Caused Liquidity Trap, Dodd-Frank, and the Fed
In an article published in this journal in 2012, the author challenged the conventional wisdom that a major …
Using ESG to Enhance Fixed-Income Returns: The Case of Inherent...
The authors discuss how their investment firm uses environmental and social as well as financial considerations to produce …
What Public Companies Can Learn from Private Equity Pay Plans
Studies of private equity pay, including one by current SEC commissioner Robert Jackson, have pointed to restrictions on …
Columbia Law School Roundtable on Public Aspects of Private Equity
The mandate of the broader private equity “ecosystem” goes well beyond earning competitive returns for the limited …
A Tale of Leadership in Value Creation
In this prologue to his new book, Curing Corporate Short-Termism, the founder and CEO of Fortuna Advisors presents …
A CEO’s Playbook for Creating Long-Term Value: Ten Essential Resource...
A former CEO of a large and successful public company teams up with a former chief investment strategist …
University of Texas Roundtable on LP Perspectives on the State...
In this wide-ranging discussion among four limited partner investors in private equity, the LPs commented on the rates …
Private Equity and the Covid-19 Economic Downturn: Opportunity for Expansion?
The coronavirus-related global economic downturn poses a significant risk to PE portfolio companies, but also represents a significant …